Licenses, Board Elections, Final Dividend Dates, and Commencement of Mining Operations - Research Report on Vale, Cliffs, BHP Billiton, Rio Tinto, and Alpha
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NEW YORK, July 15, 2013 /PRNewswire/ --
Today, Wall Street Reports announced new research reports highlighting Vale SA (NYSE: VALE), Cliffs Natural Resources Inc. (NYSE: CLF), BHP Billiton Limited (NYSE: BHP), Rio Tinto plc (NYSE: RIO), and Alpha Natural Resources, Inc. (NYSE: ANR). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Vale SA Research Report
On July 3, 2013, Vale SA (Vale) announced that the Company has obtained the installation environmental license (LI) to the iron ore project Carajas S11D, the highest grade and lowest cost world-class project in the industry. With the issuance of the LI, the Board of Directors of Vale approved the complete S11D program, comprised of investments in the mine, processing plant, railway capacity, and port. The Company expects the start-up of S11D in H2 2016 and to reach full capacity in 2018. Further, Vale noted that once the S11D mine and plant start operating, there will be decreases of 93% and 77% water and fuel consumption, respectively, allowing for a 50% cut in greenhouse gases emissions, compared to conventional methods. The dry process will also reduce electricity consumption of 18,000 MW per year and eliminate the need of tailings dam, minimizing the interference in native environments. The Full Research Report on Vale SA - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/6271_VALE]
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Cliffs Natural Resources Inc. Research Report
On July 9, 2013, Cliffs Natural Resources Inc. (Cliffs) announced that the Company's Board of Directors has elected Mark E. Gaumond as a new director, effective July 8, 2013. With the addition of Gaumond, Cliffs' Board will comprise of 10 directors. Gaumond was former Senior Vice Chair-Americas of Ernst & Young. "With his strong financial background working with large international companies at both Arthur Andersen and Ernst & Young, Mark is an excellent addition to Cliffs' Board. Mark has worked extensively with senior management and audit committees of many different public and privately held companies," said James Kirsch, non-Executive Chairman of Cliffs' Board of Directors. The Full Research Report on Cliffs Natural Resources Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/003d_CLF]
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BHP Billiton Limited Research Report
On June 28, 2013, BHP Billiton Limited (BHP Billiton) announced the proposed dates for the 2013 Final Dividend and 2013 Annual General Meetings (AGM) of BHP Billiton Limited and BHP Billiton Plc. The announcement of preliminary results and declaration of dividend is scheduled to be reported on August 20, 2013, payable on September 25, 2013. BHP Billiton's last day to trade on JSE Limited and currency conversion into rand has been set to occur on August 30, 2013. The ex-dividend date will be on September 2, 2013 for Australian and Johannesburg stock exchanges, and September 4, 2013 for London and New York stock exchanges. The record date, including currency conversion and currency election dates (except for rand), is on September 6, 2013. BHP Billiton Plc.'s 2013 AGM will be held in London on October 24, 2013 at 11:00 a.m., while BHP Billiton Limited's 2013 AGM will be held in Perth on November 21, 2013 at 9:30 a.m. The Full Research Report on BHP Billiton Limited - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/bed8_BHP]
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Rio Tinto plc Research Report
On July 9, 2013, Turquoise Hill Resources, where Rio Tinto plc (Rio Tinto) holds a 51% share, announced that the Oyu Tolgoi has started shipping copper concentrate to customers from its copper and gold mine in Mongolia. According to the Company, the shipping of concentrate is the culmination of a three-year, $6.2 billion project to build the first phase of one of the world's top five copper mines. "Oyu Tolgoi starts a production at a time when the undeveloped quality copper assets are scarce and the outlook for copper continues to be strong," said Jean-Sebastien Jacques, Chief Executive of Rio Tinto Copper. "With continued development, Oyu Tolgoi will generate wealth for many decades to come." The Full Research Report on Rio Tinto plc - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/a590_RIO]
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Alpha Natural Resources, Inc. Research Report
On July 10, 2013, Alpha Natural Resources, Inc. (Alpha) announced that the Company will report its Q2 2013 financial results on August 2, 2013, before the market opens. The Company has also scheduled a conference call on the same day at 10:00 a.m. EDT to review the results and current business conditions. The conference call will be webcast live on the Internet. In its Q1 2013 release, Alpha provided 2013 guidance, including its expectation to ship 83 to 93 million tons - 19 to 22 million tons of Eastern metallurgical coal, 27 to 31 million tons of Eastern steam coal, and 37 to 40 million tons of Western steam coal. The Company's 2013 cost of coal sales is expected to range from $69 to $73 per ton in the East and $10 to $11 per ton in the West. The Full Research Report on Alpha Natural Resources, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/1e1a_ANR]
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SOURCE Wall Street Reports
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